|
|
Research Reports Indepth analysis of persistent problems in the field of community development. Woodstock's research reports contribute to the body of knowledge used by policymakers and community development practitioners.
DocumentsDate added
Reinvestment Alert 24: CRA, Financial Modernization and the Policy Implications of Insurance Company
10/14/2003
Katy Jacob
Since the passage of the Gramm Leach Bliley Financial Modernization Act of 1999 (GLBA), insurance companies, banks, mortgage companies, and securities firms have been allowed to merge with and acquire one another for the first time since the Great Depression. This Alert discusses the community development implications of these changes. It also gives an overview of how insurance companies that have opened bank charters are performing in relation to the Community Reinvestment Act (CRA) and fair lending.
Geoff Smith
Analyzes patterns of small business lending in the Chicago region. Notes patterns in lending related to geography and race. Highlights importance of branch networks for small business lending and discusses credit card banking.
Geoff Smith
Reinvestment Alert 22: Where Banks Aren't: Despite Growth in Chicago Area Bank Offices, Low-Income and Minority Communities Remain Underrepresented.
Reinvestment Alert 21: Impacts of CDFIs in Illinois: A Case for an Improved Illinois Fund for Invest
05/13/2003
Katy Jacob
Analyzes impacts of CDFIs in Illinois using FY 2001 data. Shows impactsof CDFIs on affordable housing, community facilities, individual development account programs, technical assistance, and other benefits. Makes a case for funding for the newly created Illinois Fund for Investment and Development (IFID), a CDFI authority for the state of Illinois.
Reinvestment Alert 20: CRA and CDFIs Revisitied:The Importance of Bank Investments for the Community
04/15/2003
Katy Jacob and Malcolm Bush
Demonstrates the importance of bank investments in community development financial institutions (CDFIs) that are crucial actors in low-income community development. Utilizing a new data source covering 379 CDFIs across the country, finds that bank investments are crucial to CDFIs. Provides evidence of the importance of the investment test portion of CRA exams and calls for an increase in the appropriation of the federal CDFI Fund.
Malcolm Bush and Geoff Smith
Shows that community development (CD) banks far outperform regular
banks in serving low-income and minority communities. Includes
extensive data analysis which describes the performance of banks in
Chicago. Demonstrates that a considerably higher percent of CD banks'
home loans go to lower-income neighborhoods and borrowers than is true
for all other lenders. The same pattern is repeated for loans to
minority neighborhoods and borrowers.
Reinvestment Alert 18: Doing Well While Doing Good: The Growth of Community Development Banking
09/10/2002
Malcolm Bush and Kimbra Nieman
Utilizing extensive data analysis, this alert shows how community
development banks have grown in size and financial strength while at
the same time serving their community development mission.
Reinvestment Alert 17: CRA Sunshine Rules and You: How Nonprofits Can Avoid Being Left in the Dark
05/09/2001
Katy Jacob
Describes the reporting and disclosure requirements for non-profit organizations entering into CRA agreements with financial institutions as part of a series of CRA reforms passed as part of the Gramm-Leach-Bliley Act.
Reinvestment Alert 16: Affordable Alternatives to Payday Loans: Examples from Community Development
05/08/2001
Marva Williams and Kathryn Smolik
Reinvestment Alert 15: Community-Bank Partnerships Creating Opportunities for the Unbanked
01/11/2000
Marva Williams
This alert describes how the Financial Services Task Force of the Chicago CRA Coalition, in partnership with Chicago area banks, is expanding opportunities for lower-income consumers to establish deposit accounts, improve their financial literacy, and develop assets. |
|
||
|
|
|||
|